Friday, June 24, 2011
Peruvian Wheat Buyers Get First Hand Look at Idaho Wheat Industry
Executives directly involved in making wheat purchasing decisions for five flour milling and wheat food companies in Peru were in Idaho June 21 to 23. The team visited General Mills and Pendleton Flour Mills in Blackfoot. They also toured the U.I. Research Center in Aberdeen to learn about Idaho wheat varieties and their end use functionality.
Peru produces only a small amount of wheat and has imported an average of about 55.6 million bushels, or about 1.5 million metric tons, annually for the past five years. U.S. commercial sales to Peru have increased during each of the past three marketing years (June – May) and have grown from 20.8 million bushels in 2009/10 to about 36.8 million bushels in 2010/11.
The U.S. Wheat Associates is targeting Peru's artisan bread market, which has the highest level of consumption and more potential impact on U.S. wheat sales to Peru as a replacement mainly for Canadian spring wheat imports.